• Loading stock data...
Friday, July 11, 2025

Panthers $2B HQ Project Could Be ‘Permanently Abandoned’

Carolina-Panters
Carolina Panthers

The Carolina Panthers have been silent about their unfinished headquarters development, and a York County councilman told Charlotte Business Journal that he thinks the team has permanently abandoned the project.

Tepper Sports and Entertainment, the Panthers’ parent company, paused work on the 240-acre development nearly one month ago due to Rock Hill’s failure to distribute $225 million worth of bonds for infrastructure improvements.

“This is going to be a stain on our name for other businesses,” councilman Bump Roddey said, acknowledging that the city didn’t keep its end of the bargain. Roddey believes the Panthers will seek to recover their expenses from the city of Rock Hill.

  • CBJ reported that earlier estimates showed private investment on the project would total as much as $2 billion upon completion, with local and state governments committing $400 million.
  • The project included a 5,000-seat stadium field, an indoor practice center, and medical, training, and nutrition facilities. Tepper, which owns the plot, has plans to develop the area over the next 20 years.

Silence Speaks

Tepper Sports hasn’t commented on the project since its March statement, where it revealed it had already invested more than $170 million in the project. The company has also not agreed to a new financing program proposed by York County.

“My best guess is they’re not saying anything because they’re working on the legal part,” Roddey said. South Carolina Gov. Henry McMaster is more confident, commenting “we certainly think everything will be ironed out soon.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Jun 28, 2025; Arlington, Texas, USA; Seattle Mariners catcher Cal Raleigh (29) bats during the game between the Texas Rangers and the Seattle Mariners at Globe Life Field.

The Torpedo Bat Business Is Still Going Strong: ‘Here to Stay’

Demand for the oddly shaped bats has stayed strong across the sport.

American Celebs Want to Be Sports Owners. Soccer Is Where They Start

As U.S. team prices climb, investors set their sights abroad.

Baseball’s Celebrity Row: Behind MLB’s First-Pitch Ritual

Often planned, sometimes spontaneous, the ritual throw is baseball’s celebrity row.

3,000 Hot Dogs, $20K in Prizes: Behind the Nathan’s Eating Contest

Nathan’s serves up thousands of hot dogs and $20,000 in prize money.

Featured Today

Geoffrey Esper Can’t Catch a Break at Nathan’s Hot Dog Eating Contest

“Hot dogs is not one of my favorite competitions of the year.”
June 29, 2025

The Battle Over Wimbledon’s Ambitious Expansion Plan

A classic NIMBY standoff on one of the most hallowed grounds in sports.
Seattle Rough & Tumble
June 28, 2025

Women’s Sports Bars Are on the Rise. Survival Isn’t Guaranteed

Some women’s sports bars are cashing in. Others are clawing for funding.
June 27, 2025

Shitposters Have Taken the Reins of Pro Sports’ Official Voices

Meet the social media pros turning sports teams into internet trolls.
Oct 27, 2024; Philadelphia, Pennsylvania, USA; A general view of the Wells Fargo Center before game between Philadelphia Flyers and Montreal Canadiens.

New Philly Arena Will Redefine Home-Court Advantage, CEO Says

The forthcoming venue will arrive with plenty of ambition among its owners.
July 9, 2025

Browns $600M Stadium Deal Hit With Suit Over ‘Unclaimed’ Money

Ohio’s use of unclaimed funds for a new stadium is challenged legally.
April 19, 2022; Austin, TX, USA; Tim Leiweke of the Oak View Group speaks at a ribbon cutting ceremony for the Moody Center, a multi-purpose arena that will be home to concerts and the UT basketball teams on Tuesday April 19, 2022.
July 9, 2025

Oak View Founder Tim Leiweke Indicted for Alleged Rigged Arena Bid

The longtime sports executive leaves his day-to-day leadership role.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Dealmaker Jeffrey Kaplan maps the evolution of sports as an asset class
July 8, 2025

Chiefs Delay Stadium Decision As Kansas Dangles Dome Dreams

Kansas legislators extend bonds for potential Chiefs and Royals facilities.
Jul 3, 2022; London, United Kingdom; Jannik Sinner (ITA) returns a shot during his match against Carlos Alcaraz (ESP) on day seven at All England Lawn Tennis and Croquet Club.
July 7, 2025

Wimbledon’s Expansion Battle Looms Over Star-Studded Quarterfinals

The expansion’s loudest opposition is Save Wimbledon Park.
July 2, 2025

Commanders’ $3.8B Stadium Deal in Jeopardy? Mayor Sounds the Alarm

Political tensions rise about delays in stadium funding approval.
July 1, 2025

$600M for Browns Stadium Sparks Cleveland Backlash, Possible Lawsuit

The awarding of public funds draws criticism and could bring a lawsuit.